Foreclosure protection law takes effect

As part of the package of more than 150 new laws that took effect July 1, a key measure gave homeowners in danger of foreclosure a right to mediation. Gov. Martin O'Malley pressed for and won added protection for homeowners in financial trouble. The new law helps homeowners at several stages in...

As part of the package of more than 150 new laws that took effect July 1, a key measure gave homeowners in danger of foreclosure a right to mediation. Gov. Martin O'Malley pressed for and won added protection for homeowners in financial trouble. The new law helps homeowners at several stages in... (Getty Images photo by Joe Raedle)

As part of the package of more than 150 new laws that took effect July 1, a key measure gave homeowners in danger of foreclosure a right to mediation. Gov. Martin O'Malley pressed for and won added protection for homeowners in financial trouble. The new law helps homeowners at several stages in...